THREE NEW CREDITS ARE AVAILABLE TO MANY BUSINESSES
IRS: THREE NEW CREDITS ARE AVAILABLE TO MANY BUSINESSES HIT BY COVID-19 WASHINGTON — The Internal Revenue Service today reminds employersaffected by COVID-19 about three important new credits available tothem. EMPLOYEE RETENTION CREDIT: The employee retention credit is designed to encourage businesses tokeep employees on their payroll. The refundable tax credit is 50% of upto…